SOL/BTC – 1H – BUY

The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.

An ascent up to the next resistance at 0.00124 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.001221000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.00124056 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.00124 is within the realm of possibility.
Consider stop-loss settings accordingly.

0.00124 – 0.00124 – 0.00124 – 0.001221000 – 0.00121 – 0.00122 —
0.001230700 – 0.001235900 —
43.139866102674 – 52.03915791219 —
0.001221000 – 1773284400 —
0.00124 – 1773252000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – – –